Ottawa Highway 417 Blocked by Wood Spill After Crash
A collision on Highway 417 at Pinecrest Road in Ottawa caused wood to spill across the highway, leading to significant traffic backups and disruptions on March 3, 2026.
Category : Business
Women Overlooked as Beneficiaries Despite Trusted Estate Roles
A new study reveals Canadian women are frequently appointed as executors and decision-makers in wills but are often excluded as beneficiaries, highlighting a significant disparity in estate planning.
Semi-Truck Fire Causes Major Traffic Delays on Circle Drive
A dramatic semi-truck fire on Circle Drive in Saskatoon led to significant morning traffic disruptions, with emergency crews responding swiftly to contain the blaze and clear the roadway.
Canada Pumps $3.5B into Critical Minerals Projects
The Canadian government is deploying $3.5 billion in funding and programs to boost critical minerals projects, including infrastructure upgrades and a sovereign fund, aiming to position Canada as a global alternative to China.
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Airline Stocks Drop as Passengers Flee Middle East Conflict
Airline stocks have sharply declined as travelers scramble to leave the Middle East following escalating tensions, with flight cancellations causing widespread disruptions at airports like Beirut.
MR MIKES Hits 50+ Locations After 2025 Growth
MR MIKES SteakhouseCasual added seven new restaurants in 2025, achieving a 15% year-over-year increase and surpassing 50 locations across Canada. The 66-year-old brand is now targeting 100 units nationwide.
Bracebridge Advances Affordable Housing at Former Arena Site
The Town of Bracebridge is moving forward with a significant affordable housing redevelopment at the former Memorial Arena site in downtown Bracebridge, marking a key step in addressing local housing needs.
Gold Retreats on Strong Dollar, Delayed Rate-Cut Hopes
Gold prices have retreated as a robust U.S. dollar and expectations of delayed Federal Reserve rate cuts weigh on the precious metal, impacting global markets and investor sentiment.
TSX, Dow Drop 1,100+ Points in Iran War Fallout
The TSX and Dow Jones plummeted more than 1,100 points as Middle East tensions disrupt global markets, with oil prices surging and international stocks facing steep declines.
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Ottawa Gas Prices to Rise 6-12 Cents per Litre
Ottawa drivers face imminent gas price hikes of 6-12 cents per litre, driven by Middle East conflicts affecting global oil markets and local supply dynamics.
Aramco Eyes Red Sea Exports to Avoid Hormuz Strait
Saudi Aramco is considering shifting oil exports to the Red Sea port of Yanbu as Middle East conflicts disrupt Persian Gulf shipping, with Saudi production at 10 million barrels daily.
OC Transpo's Most Cancelled Bus Trips in February
New data highlights the bus routes with the highest cancellation rates for OC Transpo during a specific week in February, raising concerns about transit reliability in Ottawa.
TSX Drops 1,000+ Points as Oil Prices Rise
The S&P/TSX composite index experienced a dramatic decline of over 1,000 points, while global oil prices surged, reflecting heightened market volatility and economic uncertainty.
Stock Sell-Off Worsens with Oil Surge in Iran War Fallout
Wall Street faces sharp declines as oil prices leap over 8%, driven by escalating Iran conflict and inflation concerns, impacting global markets and airline stocks.
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Oil Surges as Middle East War Disrupts Shipping Routes
Global oil prices have jumped 18% in two days as conflict between the U.S., Israel, and Iran disrupts shipping through the Strait of Hormuz, threatening energy supplies and economic stability worldwide.
IEA Ready to Stabilize Oil Market Hit by Iran War
The International Energy Agency is prepared to help stabilize global oil markets following the Iran conflict, with member countries holding over a billion barrels in emergency stockpiles, according to a document seen by Bloomberg News.
Fatal Crash West of St. Paul: 2 Dead, 2 Injured
A tragic collision west of St. Paul has resulted in two fatalities and two individuals sustaining injuries. The incident underscores ongoing road safety concerns in the region.
Norway Wealth Fund's First U.S. Renewable Energy Investment
Norway's massive sovereign wealth fund has announced its inaugural investment in U.S. renewable energy assets, marking a significant strategic shift toward sustainable infrastructure.
U.S. Court Sees Surge in Tariff Refund Cases
The U.S. Court of International Trade, a specialized tribunal with expertise in major trade disputes, is experiencing a significant influx of cases from businesses seeking tariff refunds, highlighting ongoing trade policy complexities.
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Ticketmaster and Live Nation Antitrust Trial Begins in New York
The U.S. government's antitrust trial against Ticketmaster and parent company Live Nation commenced Tuesday, alleging the entertainment giant's practices harm artists, venues, and fans.
Elliott Boosts Pinterest Stake by $1 Billion
Activist investor Elliott Management has increased its investment in social media platform Pinterest by approximately $1 billion, signaling strong confidence in the company's strategic direction and growth potential.
Ottawa Parking Garage to Reopen After 2025 Collapse
The owner of a downtown Ottawa parking garage at 150 Slater Street announces plans to reopen the structure, which has been closed since a partial collapse in February 2025.
Ziff Davis Sells Connectivity Division to Accenture for $1.2B
Ziff Davis has agreed to sell its connectivity division to global consulting giant Accenture for US$1.2 billion, marking a significant strategic shift in the technology and media landscape.
Best Buy Beats Profit Estimates, Shares Soar
Best Buy exceeded Wall Street's profit forecasts for the crucial holiday quarter, leading to a significant surge in its stock price as consumer electronics demand remained robust.
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Oil Shock from Iran War to Strain Emerging Markets
The conflict in Iran and resulting energy price surge will pressure emerging markets' external balances, currencies, and capital flows, analysts warn, extending impacts well beyond inflation concerns.
Canadian Real Estate Funds Halt Redemptions, Eye Public Listing
Avenue Living Asset Management suspends redemptions at two multibillion-dollar real estate funds for up to six months while boards evaluate potential public listing options amid market challenges.
Metro Vancouver Approves Thousands of Housing Units Despite NDP
Metro Vancouver municipalities have approved over 60,000 housing units in recent years, contradicting provincial claims of excessive red tape. However, many projects remain unbuilt due to real estate market conditions.
On Holding Sees Boost from Lower U.S. Tariff Rates
Swiss sportswear brand On Holding anticipates a potential boost from reduced U.S. tariff rates following a Supreme Court decision, as CEO Martin Hoffmann reports strong quarterly results.
Allinial Global Selects Caseware as Preferred Cloud Assurance Partner
Allinial Global, the world's second-largest accounting association, has chosen Caseware as its preferred cloud assurance partner. This strategic alliance will provide member firms with advanced AI-powered audit technology to improve efficiency, consistenc
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Fraser Valley Real Estate Shows Early Spring Activity in February
The Fraser Valley real estate market experienced a 36% sales increase in February compared to January, though sales remain 38% below the ten-year seasonal average. Inventory levels remain elevated, creating buyer-friendly conditions.
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